Powell has acknowledged the dilemma that multidecade highs in inflation have caused, thus committing to an aggressively hawkish monetary policy. Given the vast implications of rising borrowing costs, e-commerce stocks — Amazon (NASDAQ:AMZN), Shopify (NASDAQ:SHOP), PayPal (NASDAQ:PYPL), and MercadoLibre (NASDAQ:MELI) — will likely be significantly impacted. Some will be winners while others will be losers. According to TipRanks Team, “Fed funds futures are pricing in an 85% probability that rates could be 125 to 150 basis points higher by the end of the year.” The framework presents an intriguing ecosystem for e-commerce stocks, with certain companies likely to flounder while others may enjoy relative benefits.
https://www.tipranks.com/news/article/2-ecommerce-stocks-move-higher-on-fed-2-that-wont?utm_source=advfn.com&utm_medium=referral
Shopify (NYSE:SHOP)
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